Billionaires have won big in the long-running bull market that may be teetering on the edge of ending. But they’re also set to lose big. Over the past week, the world’s wealthiest have collectively dropped about $50 billion in estimated net worth. What’s $50 billion among the world’s uber-rich? Enough to leave a mark, that’s…
JUST a year ago the world was enjoying a synchronised economic acceleration. In 2017 growth rose in every big advanced economy except Britain, and in most emerging ones. Global trade was surging and America booming; China’s slide into deflation had been quelled; even the euro zone was thriving. In 2018 the story is very different.…
Enlarge / "You know what I really enjoy? Testing subjects with video games. Or just testing in general." Valve SoftwareBelow, you’ll find the second installment of the After On podcast interview with University of California, San Francisco neuroscientist Adam Gazzaley and his trailblazing work to develop the medical potential that may be latent in video…
PANAMA CITY, Fla. (Reuters) - Florida’s Panhandle took stock on Thursday of the hammering destruction wrought by Hurricane Michael, with homes obliterated or reduced to rubble and power lines and trees ripped up by the third most powerful storm ever to strike the U.S. mainland. Michael, now weakened to a tropical storm as it doused…
Thomson Reuters Wall Street continued to slide Thursday morning after initially finding some relief in tamer-than-expected inflation data, a day after worries about rising rates and trade tensions sparked a sharp sell-off in global markets. After suffering its steepest drop since February in the previous session, the Dow Jones industrial average fell more than 350…
PANAMA CITY, Fla. — Hurricane Michael, one of the most powerful storms ever to hit the continental United States, slammed into the Florida Panhandle on Wednesday, unleashing a trail of destruction across 200 miles that splintered houses, peeled off roofs and stirred up a terrifying surge of seawater that submerged entire neighborhoods and sent boats…
Media playback is unsupported on your device Media captionDevastation as Michael makes landfall The most powerful hurricane ever to hit north-west Florida has flooded beach towns, submerging homes and snapping trees like twigs.Hurricane Michael made landfall on Wednesday afternoon as a category three storm with 125mph (200km/h) winds in the state's Panhandle region.One person was…
Amazon’s recent move to raise the minimum wage of its directly employed and contracted workers to at least $15 an hour led to some employees calculating they would earn less with the elimination of bonuses and stock awards. The company said today it plans to adjust wages and bonuses to ensure those workers don’t receive…
ON THE campaign trail, Imran Khan, Pakistan’s new prime minister, presented himself as the man to break the country’s addiction to hand-outs from the West. Whereas previous governments used to go begging to the IMF for funds, he said, his Pakistan Movement for Justice (PTI) would focus instead on recouping billions of dollars hidden from…
Waymo's self-driving cars have driven 10 million miles on public roads, the company announced on Wednesday. That puts the company way, way ahead of any of its rivals. Only one other company has announced more than a million miles of testing. And that was Uber, which announced 2 million miles last year but was forced…
